Motorola acquires BitBand
Technology giant Motorola has acquired Israel-based IPTV video-on-demand specialist BitBand for an undisclosed sum.
The acquisition is expected to close in the fourth quarter and BitBand will be integrated into Motorolas Home & Networks Mobility business. BitBand customers include Tele 2 Netherlands, Fastweb in Italy and Svyazinvest in Russia.
Motorola said that the addition of BitBand would bring additional expertise in IPTV and products for content delivery networks and over-the-top services to the division, as well as BitBandÂs strong European presence.
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